Jinqiao Group Holdings (00623) expects consolidated net profit of about RMB 290 million to RMB 320 million for the medium term

According to the Zhitong Finance App, Jinqiao Group Holdings (00623) issued an announcement. According to the Group's preliminary assessment of the unaudited consolidated management accounts for the six months ended June 30, 2026, the Group expects to obtain a consolidated net profit of about RMB 290 million to RMB 320 million during this period, while achieving a consolidated net profit of about RMB 33 million for the six months ending June 30, 2025. According to currently available data, the increase in profit is expected to be mainly due to changes in the fair value of financial assets that include current profit and loss at fair value and proceeds from the sale of financial assets.